Big name, big pay, even bigger hours: Welcome to City law firms September 25, 2025 The salaries of junior lawyers is a topic that sparks headlines, adding even bigger sparks to debates over 20-something-year-olds pocketing hefty wage packages. However, considering the hours they work and what is expected of them, the money is earned. US firms, many of which now dominate London, not only compete over lawyer rates but also [...]
Graduates buckled by staggering amounts of student debt September 24, 2025 UK borrowers have become burdened with excessive amounts of student debt, as interest on loans continues to climb. According to a freedom of information request submitted to the Student Loans Company (SLC) by asset manager Royal London, at the end of June 150,453 people had loans of £100,000 or more. This was a 33 per [...]
Shared Ownership developers like Peabody are putting community first September 24, 2025 Ever since she moved into Peabody’s Motion development in Leyton, east London, Josephine has made a whole new and unexpected selection of friends. “I tend to spend the majority of my time on the roof terrace,” she says. “It’s massive, we have drinks up there and even hosted a Jubilee rooftop party. In fact, I [...]
Generation ‘locked out of home ownership’ in UK housing crisis September 24, 2025 The ‘stark’ affordability crisis facing Britain’s would-be homeowners is locking a generation out of the market, according to a new report. The research – created by Skipton Building Society in partnership with Oxford Economics – finds 98 per cent of adults living with their parents cannot afford to buy a house in their local area. [...]
The Pimco boss who thinks philanthropy has a PR problem September 24, 2025 John Studzinski may be one of the City’s most senior bankers, but he is arguably best known for his exploits beyond the Square Mile and Wall Street; namely in the space of philanthropy. Ali Lyon talks to him about his aims to reshape the way people think about ‘giving’, and why he doesn’t like the [...]
LaLiga overseas game set to be axed as Fifa delays decision September 24, 2025 LaLiga’s hopes of staging a match between Villarreal and Barcelona in Miami in December have suffered another setback with Fifa opting against ruling on the request at its forthcoming council meeting next month. Sources with knowledge of Fifa’s deliberations have told City AM that it has no plans to formally discuss the controversial issue of [...]
Junior lawyers earn £44 an hour for 13-hour days September 23, 2025 Junior lawyers at leading City law firms are regularly working well beyond standard hours, with many firms reporting their youngest staff routinely putting in over 12-hour days. According to research by Legal Cheek on over 2,000 trainees and junior lawyers, the London offices of top US law firms are leading the table, which is consistent [...]
Why there’s a CD revival, even though vinyl is cooler September 23, 2025 For the Autumn edition of City AM The Magazine, Killian Faith-Kelly explores the CD revival and what it says about Gen Z listening habits About a month ago, I read about some Lorde fans complaining that their CDs of her latest album weren’t working. And part of me thought, “That’s bad, these Lorde fans have [...]
Anita Rani interviews Luca restaurant owners about Michelin starred food and meditative music September 23, 2025 For the Autumn edition of City AM The Magazine, broadcaster and author Anita Rani interviews Luca and Clove Club founders Johnny Smith and Daniel Willis about making music and falling in love with food Daniel Willis: So Anita, do you remember how we all met? Anita Rani: Well, which version are we going to give? [...]
Ferg & Harris unveils bespoke Springbank single malt for Distillers One of One September 22, 2025 Ferg & Harris has released its most ambitious whisky to date with the unveiling of Wings of Kintyre, a bespoke Springbank single malt set to feature in next month’s Distillers One of One auction. The one-of-a-kind 31-year-old whisky has been bottled from a single organic cask. It will be offered exclusively at the prestigious biennial [...]